SBI Securities Vs Shriram Insight – Share Brokers Comparison
SBI Securities Vs Shriram Insight
Here is a point by point comparison of SBI Securities Vs Shriram Insight.Ā SBI Securities is a bank based stock broker and is the trading arm of SBI (State Bank of India). Established in 2006, SBI Securities is one of the trustable brands in India, however, it has a quite a lot of room to improve in the kind of values it brings to the table.Ā Shriram Insight, is a full service stock broker with a presence in around 700 different locations across India. The broker provides free account opening with reasonable brokerage rates but the quality of its service and research can be improved.
Full service brokers such as Shriram Insight or SBI Securities will help you, spoon feed you, hand hold you through the process, even if you need an offline help, meet someone, talk to somebody and so on. Choosing between the two depends on your preferences, your online appetite, your understanding of the stock market and so on.
To make things easy for you, we have listed out the comparison between SBI Securities Vs Shriram Insight to help you find which of the two suits your needs better. The comparison is made on aspects such as:
- Company Overview
- Account Opening Charges
- Brokerage
- Exposure or Leverages
- Research
- Trading Platforms
- Other Features
Generally above mentioned aspects are good enough to make a decision based on your preferences, but feel free to let us know what more areas you would like us to cover. Most of the content has been vetted by the corresponding stock broking firms. We hope this article helps you to understand which of the two brokers is better for your needs.
Comparison
Shriram Insight Review | SBI Securities Review | |
OVERVIEW | ||
Broker Type | Full Service Stock Broker | Full Service Stock Broker |
Incorporated In the Year | 1974 | 2006 |
Number of branches across India | 700 | 114 |
Exchanges | NSE, BSE, MCX, RCL | NSE, BSE |
ACCOUNT CHARGES | ||
Trading Account Opening Chargesļ»æ | ā¹0 | ā¹0 |
Trading Account Annual Maintenance Charges | ā¹0 | ā¹0 |
Demat Account Opening Charges | ā¹290 | ā¹850 |
Demat Account Annual Maintenance Charges | ā¹0 | ā¹350 |
Transaction Charges | Shriram Insights Transaction Charges | SBI Securities Transaction Charges |
BROKERAGE | ||
Equity Delivery | 0.3% | 0.5% |
Intraday Delivery | 0.03% | 0.05% |
Equity Futures | 0.03% | 0.05% |
Equity Options | ā¹50 per contract | ā¹100 per lot |
Currency Futures | 0.03% | 0.03% |
Currency Options | ā¹50 per contract | ā¹30 per lot |
Commodity | 0.03% | NA |
Brokerage Calculator | Shriram Insight Brokerage Calculator | SBI Securities Brokerage Calculator |
EXPOSURE OR LEVERAGE | ||
Equity | Intraday upto 2 times | Upto 10 times for Intraday, Upto 3 times for Delivery |
Equity Futures | Same as margin | Upto 3 times for Intraday |
Equity Options | Same as margin | Upto 3 times for Intraday |
Currency Futures | Same as margin | Upto 3 times for Intraday |
Currency Options | Same as margin | Upto 3 times for Intraday |
Commodities | Same as margin | NA |
RESEARCH | ||
Daily Market Reports | ||
Tips/Recommendations | ||
Quarterly Analysis | ||
News Alerts | ||
TRADING SEGMENTS | ||
Equity | ||
Mutual Funds | ||
IPOs | ||
Currency | ||
Commodity | ||
CUSTOMER SERVICE OPTIONS | ||
Email Support | ||
Live Chat | ||
Phone | ||
Toll Free Number | ||
Offline Branches | ||
FEATURES | ||
Mobile Trading | ||
Orders Accepted After Trading Hours | ||
Charting | ||
SMS Alerts | ||
Robo Advisory | ||
Automated Trading | ||
Market Tips | ||
Margin Funding | ||
Relationship Managers | ||
3 in 1 Account | ||
Trading Platform(s) | NetPro Desktop, NetPro Browser, Mobile App | SBI Smart Express, SBI Smart Web, SBI Smart Mobile App |
Total BSE+NSE Complaints Percentage | 0.05% | 0.05% |
OVERALL RATING | ||
Have you in the past or are currently trading with any of the above stock brokers? If yes, would you like to share your experience(s) with SBI Securities Vs Shriram Insight for the benefits of other readers. Please feel free to share in the comments below.
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